speedryans

BTC Weekly Log w/Predictions

BNC:BLX   Bitcoin Liquid Index
Legend:
20 MA = Red
100 MA = White
200 MA = Yellow

Observations:
- Diminishing returns per cycle
- Each Bull cycle takes longer
- Each Bear cycle takes longer
- When we break the 100 MA downwards, we drop straight to the 200 MA
- 200 MA is historical support (currently $5.5k on 3/12/2020)
- 20 MA is support through bull runs
- The historical best-time-to-buy is when we are at the 200 MA (now 5.5k)

Predictions:
- Through 2020/2021, we ride the 200 MA yellow support, occasionally bouncing and possibly test lower 300 MA support if peak global recession
- Q4 2021 we initiate lift off
- Price goes >10x past 100k in multi-year bull run 2022-2024

Strategy (long term accumulator):
- During the Bear: Accumulate heavy anywhere near or below the 200 MA (2020, 2021)
- Ride the bull and sell at peak

Strategy (Trader):
- short when 100 MA brakes, take profit at 200 MA
- long when bull confirmed = 20 MA holds as support
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